South Africa recognizes cryptocurrencies as financial assets

South Africa is seeking to allow crypto assets to be traded as financial products to facilitate market regulators’ oversight and help protect consumers. According to the country’s Financial Services Authority notice published recently in the Official Gazette, crypto assets are a digital representation of value. The notice, according to Bloomberg, stated that the country will … Read more

5 cyber crimes that caused significant financial and security losses

Some global hacks have damaged the data of millions of people even though the method of implementation was by very naive and simple means. Some of these incidents led to the breach of data of millions of people, some caused the theft of cryptocurrencies, while one led to the disruption of cyber systems at NASA. … Read more

Two Bahraini companies included in Forbes’ list of “The 25 Most Powerful Financial Technology Companies in the Middle East for 2022”

Forbes Middle East has ranked two Bahraini FinTech companies among the top 25 FinTech companies in the Middle East for the year 2022. (Services Financial Eazy) for electronic payment solutions, founded by Nayef Tawfiq Al-Alawi in 2016. A company licensed by the Central Bank of Bahrain, as a provider of online payment services and point … Read more

Financial revolution and forex trading for individual investors

Gaza – Safa The financial sector has recently entered into several fundamental changes, since this sector entered the provision of services to individual investors, there has become a great competition between financial companies to provide tools and services to traders via the Internet, as this technological boom helped inject high liquidity into the financial markets, … Read more